SEC Form 3 · accession 0000903423-16-001424
KEY ENERGY SERVICES INC · KEG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Period of report
Dec 15, 2016
Accepted (ET)
Dec 27, 2016 · 4:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000318996
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | holding | — | — | — | 2,376,935 | I | See Explanation of Responses |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Contrarian Capital Management L.L.C. ("Contrarian") is an investment advisor registered under the Investment Advisors Act of 1940. Contrarian is the investment manager of investment funds (the "Funds"). All securities reported on this Form 3 are owned by the Funds.
- F2The shares of common stock of the Issuer reported herein were issued on December 15, 2016, the Effective Date of the Issuer's Prepackaged Chapter 11 Plan (the "Plan"), pursuant to the Plan, which was confirmed by the United States Bankruptcy Court for the District of Delaware on December 6, 2016.
- F3Contrarian disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.